UK-based Konexa has finalized a deal that will see Climate Fund Managers and Microsoft’s Climate Innovation Fund invest $18 million to establish Nigeria’s inaugural private renewable trading platform and provide renewable energy to Nigeria Breweries.
Researchers in Australia have compared the technical and financial performances of a hydrogen battery storage system and a lithium-ion battery when coupled with rooftop PV. They evaluated two commercially available systems – LAVO and Tesla Powerwall 2 – and found that the lithium-ion battery provides better financial profits, whereas the hydrogen battery offers more battery lifespan for long duration of energy storage.
The US-based manufacturer said its new heat pump system has 5-ton capacity and a coefficient of performance of up to 3.95. It uses difluoromethane (R32) as the refrigerant and relies on DC inverter enhanced vapor injection (EVI) technology.
Lower costs, better supply chains and steady demand are driving an energy storage boom in the United States, according to a new report from Wood Mackenzie.
The system uses difluoromethane (R32) as the refrigerant and has reportedly a seasonal coefficient of performance of up to 4.69.
Schneider Electric’s EcoStruxure Microgrid Solution can be paired with Mainspring Energy’s Linear Generator to produce and store carbon-free energy for continuous use.
In addition to the cost of electricity, the price of hydrogen depends largely on the up-front investment cost of the electrolyzer. The lower the full-load hours, the greater the impact. Analyst BloombergNEF (BNEF) sees a number of different possible pathways for the market to develop.
Storage Drop has secured a grant from the European Union to develop its PV-driven cooling system technology for low temperature environments. The system is based on compressed air energy storage technology and a hydraulic isothermal compressor with a water pump that compresses the air in an isothermal process.
Researchers in South Korea have analyzed the feasibility of using thermoelectric generators in combination with residential solar-assisted ground-source heat pumps and have found that the thermoelectric devices may act as a suitable power source for data loggers and other sensors in a building system.
Australian renewable gen-tailer Zen Energy is set to build the second-largest battery energy storage system in the state of South Australia, in a move that is expected to improve the reliability of electricity supply.
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